Tuesday, April 10, 2007

NEXA up on news




Guess I made a bad call on JBLU. It's doing almost nothing over the past few days. It's on the final stage or it will go lower ? Let's see how it turns out. Since I didn't put too much bet on this and it didn't go down more than 5%. I'll leave it alone. Patient is the key.

Today analysts lowered the price target on JetBlue and the crude oil price went up. Don't know if they want to get the shares cheap. Looks like it because the share price didn't go down much and the volume is light. And USB just upgraded JetBlue recently.

NEXA got good news today and price went up. I am glad I didn't sell it at the low. It's up 100% from the low. Timing is very important !!! Anyway, I want to avoid the penny stocks from now until I got more funds.

I will need to be more aggressive to boost my performance ! I see many stocks on my watch list go up over 10%, 20% in just few days. But I will do it after I sell the NEXA. I will have the margin buying power to buy more shares. I don't have to rush on this right now. All I need to do is to find more good stocks, improve my skills and the money will come.

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